Asian nations to set up regional credit guarantee body

Published by rudy Date posted on April 6, 2009

Seoul (ANTARA News/Asia Pulse) — Asian countries are expected to announce the details of a proposed credit guarantee body next month, aimed at bolstering regional debt markets, a high-ranking Seoul official said Sunday.

The envisioned organization called a “credit guarantee and investment mechanism” (CGIM) is intended to provide a credit guarantee for regional banks and companies to gain necessary funding through bond issuance.

“ASEAN members, plus South Korea, China and Japan will hold a finance minister’s meeting in Bali, Indonesia earlier next month and announce plans to establish the CGIM,” Deputy Finance Minster Shin Je-yoon told reporters during a briefing on the results of the G-20 summit talks in London. –Business in Asia Today – published by Asia Pulse

January – ZERO WASTE MONTH

“Stop wasting our money.
Stop corruption!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

January

 

24 Jan – International Day of Education

26 Jan – International Day of Clean Energy

 

Monthly Observances:

 

National Microinsurance Month 

Zero Waste Month

 

Weekly Observances:

Week 1: National Time Consciousness Week

Week 3: National Mental Health Week 

Last Week: Children’s Week


Daily Observances:

January 6: Community Development Day 

Third Sunday: Children’s Day 
Day of Sanctity and Protection of Human Life

 

Categories

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